George Szalai

HMV Reports Further Losses, May Sell Live Division to Boost Finances

Universal-Led Suppliers Liable for Up to $242 Million If HMV Folds: Report

HMV is looking to strike deals with more partners in the new year and that its position is strengthened by the fact that big suppliers, led by Universal Music, would become liable for up to $242 million (£150 million) in obligations, if the entertainment retailer goes bankrupt, according to a report in the Daily Telegraph.
Lollapalooza 2011 : 13 Things Seen & Heard Saturday

Eminem to Headline Leeds, Reading Festivals

Eminem is the first headliner announced for next summer's twin music festivals in Reading and Leeds, England. Organizers for the two big U.K. music events in August announced the 40-year-old hip hop star's return after more than a decade, with further names to be added later.
Vivendi Third-Quarter Results Exceed Expectations

Vivendi CEO Jean-Bernard Levy Steps Down

French entertainment group Vivendi says chief executive Jean-Bernard Levy is stepping down because of a difference of opinion about the direction of the company.

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